AUD/USD – 30M – SELLThe currency pair goes from the ascending trendline downwards
A descent down to the next support line at 0.67146 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.67615 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.67146 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.67615 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.68100 |
| 2nd High | 0.67691 |
| Next High | 0.67615 |
| Current Price | 0.67209 |
| Next Low | 0.67146 |
| 2nd Low | 0.66965 |
| 3rd Low | 0.66919 |